863 Parklands Dr, Esquimalt, BC

$1,850,000

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3,686

Square feet

0.42

Acres

About 863 Parklands Dr

Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.

Features of 863 Parklands Dr

MLS® # 1044857
Price $1,850,000
Square Footage 3,686
Acres 0.42
Type Commercial Sale
Sub-Type Unimproved Land
Status Active

Community Information

Address 863 Parklands Dr
Area Es Gorge Vale
City Esquimalt
County Capital Regional District
Province BC
Postal Code V9A 4L6

Amenities

Utilities Cable To Lot, Compost, Electricity To Lot, Garbage, Natural Gas Available, Phone To Lot, Recycling
View Ocean
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed August 1st, 2026
Days on Market 41
Zoning Residential Multi-Family

Listing Details

OfficeInitium Real Estate Ltd.

Listing Map

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